Romania: New R&D tax credit
Applicable from January 1, 2026
Government Emergency Ordinance no. 8/2026 (published February 25, 2026) introduced a new refundable tax credit for 10% of eligible research and development (R&D) expenses, applicable from January 1, 2026.
The new R&D tax credit is an alternative to the existing R&D tax incentive providing for an additional 50% deduction for eligible R&D expenses. In addition to those options (i.e., 10% tax credit or 50% additional deduction), taxpayers are entitled to apply accelerated depreciation for R&D equipment.
Read a March 2026 report prepared by KPMG’s EU Tax Centre
Read a March 2026 report prepared by the KPMG member firm in Romania